House Panel to Discuss Development Incentives
PIERRE – A House panel plans to discuss a wide-ranging plan aimed at luring large industrial projects to the state while also helping to bring smaller projects to South Dakota.
The measure introduced last week would focus on providing tax breaks for large projects that the state otherwise might not attract. It also would provide money for training workers and helping communities build the housing, roads and water systems needed to encourage development.
The House State Affairs Committee will take up the bill Monday morning.
Senate Republican Leader Russell Olson says Republicans and Democrats have worked for the past two months to find a compromise plan.
The lawmakers hope to get the House and Senate to pass the measure before the main run of the legislative session ends late this week.
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